Press release
Ground Defense System Market is slated to increase at a CAGR of 5.2% to reach a valuation of US$ 79.16 billion by 2030
Request The Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/A13125
Asia-Pacific dominates the market, in terms of revenue, followed by North America, Europe, and LAMEA. The U.S. dominated the global ground defense system market share in North America in 2020, owing to increase in R&D activities; technological developments by key players; rapid adoption of innovative technologies in making reliable, precise, and efficient ground defense systems. North America is expected to grow at a significant rate during the forecast period, owing to rise in adoption of ground defense system along with its huge defense spending and the presence of major defense equipment manufacturers such as BAE Systems Plc., Northrop Grumman Corporation, and Raytheon Technologies Corporation.
By application, the ground defense system market is segregated into combat, logistics & transportation, surveillance & reconnaissance, intelligence & data warfare, training, and others. The combat segment accounted for the highest revenue in 2020, owing to high demand for combat ground defense systems, as they are critical for the success of military operations.
On the basis of operation, the market is bifurcated into manned and unmanned. The manned segment garnered the highest revenue in 2020, owing to high demand for a number of precise, long- & short-range manned weapon systems, armored vehicles, and other equipment to safeguard the national assets throughout the globe.
Procure Complete Report (307 Pages PDF with Insights, Charts, Tables, and Figures) @ https://www.alliedmarketresearch.com/checkout-final/f773a65f2c4283c7ad47f8fd0829cd75
Depending on end user, the ground defense system market is fragmented into defense intelligence, military, and law enforcement. The military segment was the highest revenue contributor in 2020, owing to rise in defense spending for modernization of military forces throughout the world.
Covid-19 Impact Analysis
The COVID-19 impact on the ground defense system market is unpredictable and is expected to remain in force till the second quarter of 2021.
The COVID-19 outbreak forced governments across the globe to implement strict lockdowns and banned import-export of raw materials items for most of 2020. This led to sudden fall in the availability of important raw materials for manufacturing ground defense equipment.
Moreover, nationwide lockdowns forced parts manufacturing facilities to partially or completely shut their operations.
Adverse impacts of the COVID-19 pandemic have resulted in delays in activities and initiatives regarding development of modern ground defense systems globally.
Key Findings Of The Study
By application, the combat segment is expected to register a significant growth during the forecast period.
On the basis of operation, the unmanned segment is anticipated to exhibit significant growth in future.
Depending on end user, the military segment is projected to lead the global ground defense system market.
Region wise, North America is anticipated to register the highest CAGR during the forecast period.
Inquiry Before Buying @ https://www.alliedmarketresearch.com/purchase-enquiry/A13125
Market Key Players
The key players operating in the global ground defense system market include BAE Systems plc, Israel Aerospace Industries Ltd., Kongsberg Gruppen ASA, Lockheed Martin Corporation, MBDA, Northrop Grumman Corporation, Rafael Advanced Defense Systems Ltd., Raytheon Technologies Corporation, Rheinmetall AG, and Thales Group.
Related Reports
Ground Support Equipment Market https://www.alliedmarketresearch.com/ground-support-equipment-market
Defense IT Spending Market https://www.alliedmarketresearch.com/defense-it-spending-market-A12901
Military 4D Printing Market https://www.alliedmarketresearch.com/military-4d-printing-market-A10662
Smart Weapons Market https://www.alliedmarketresearch.com/smart-weapons-market
Small Drones Market https://www.alliedmarketresearch.com/small-drones-market
Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog:
https://blog.alliedmarketresearch.com
Follow Us on | Facebook | LinkedIn | YouTube |
About Us
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides end-to-end solutions along with information, education, advocacy, and networking resources to SMEs and early-stage start-ups to bring excellence to their processes. In addition, we offer a nurturing environment required to develop and grow businesses, including business planning; virtual support; market intelligence; acquiring resources; and getting direct access to finance, suppliers, and other experts to boost the growth of businesses and entrepreneurs.
Our bundled and hassle-free business support systems are customized to meet the needs of SME consultants and industry leaders. Moreover, our large network of skilled consultants and experts help start-ups get the business on a roll.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Ground Defense System Market is slated to increase at a CAGR of 5.2% to reach a valuation of US$ 79.16 billion by 2030 here
News-ID: 3958107 • Views: …
More Releases from Allied Market Research
Mobile Application Security Market Growing at 26.3% CAGR Reach USD 37.1 Billion …
Allied Market Research published a new report, titled, "Mobile Application Security Market Growing at 26.3% CAGR Reach USD 37.1 Billion by 2032." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segments, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain a thorough understanding of the industry and determine…
MarTech Market Witnessing CAGR of 18.5% Hit USD 1.7 Trillion by 2032
The global marketing technology market is experiencing growth due to several factors, including the increasing digital transformation, the surge in demand for personalized experience, and the proliferation of automation and efficiency. However, data privacy and compliance, and the high cost of implementation are expected to hamper market growth. Furthermore, the growing integration of AI and ML technologies and the increase in demand for real-time marketing are anticipated to provide lucrative…
Feedback Management Software Market Growing with CAGR of 12.9% Reach USD 28.7 Bi …
Allied Market Research published a new report, titled, "Feedback Management Software Market Growing with CAGR of 12.9% Reach USD 28.7 Billion by 2031 ." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and…
Digital Educational Publishing Market Growing at 15.9% CAGR Reach USD 41.5 Billi …
The Market report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for the sustainable growth and gaining competitive edge in the market.
The global Digital Educational Publishing Market was valued at $9.9 billion in 2021, and is projected to reach $41.5 billion by 2031, growing at…
More Releases for Defense
Virtual Reality in Aerospace & Defense Market Virtual Reality in Aerospace & Def …
The global virtual reality (VR) market in aerospace and defense is estimated to be valued at approximately $8.4 billion in 2024, with expectations to around $20.7 billion by 2034, signifying a robust Compound Annual Growth Rate (CAGR) of 9.5% during the forecast period from 2025 to 2034.
The latest report Virtual Reality in Aerospace & Defense Market Share, Size, Growth, Opportunities, and Forecast 2025-2034 This report offers a new perspective…
Elliott Derzaph, Renowned Self-Defense Instructor, Launches His Latest Book "Wom …
Image: https://www.getnews.info/wp-content/uploads/2024/08/1724155810.png
Self-defense training is about the knowledge of how fighting works and how to survive. Women will learn how to utilize their internal power to develop autonomy, confidence, and empowerment. Real World Techniques were designed to teach practical, real-world defense that can be used in a variety of situations.
Los Angeles, California - August 21, 2024 - Women have traditionally shied away from situations where their self-defense [https://consciousdefense.com/] may be…
Missile Defense System Market is in huge demand | Almaz Antey, Kongsberg Defense …
Global Missile Defense System Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player's market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to…
Defense Siren Review 2023 (Defense Siren Must Read!) : Shocking Price About Defe …
In the United States of America, thousands of crimes are reported every day. You name it: mugging, theft, sexual assault, and murder. Some of these crimes are reported in the daily newspaper and on news programs.
After reading and watching the news, it's normal to worry about your family. Anytime, anywhere, you or your family could be attacked while driving. Thus, it's crucial to always remain vigilant. However, being aware is…
Door Defense Review 2022: (Buyers Beware!) Is Door Defense Actually Working?
The last thing anyone wants to think about when they are traveling is their security and privacy.
Door Defense provides consumers with a highly portable, secure solution in this regard that can be used in any hotel, Airbnb, dorm, or hostel.
It is also important to remember that even if the product may not be a failsafe defense against every invasion or incursion attempt, it at least gives them a…
Aircraft Communication System Market Global Report 2020 – Rockwell Collins Avi …
Aircraft communication systems use analogue voice and digital data for communication between pilots, members of the crew and passengers during flight. These devices are also used for communication between aircraft. Aircraft communication systems are used to facilitate communications between aircraft and ground units and vice versa.
Get In Depth Sample With Description, Graphs And Charts: https://www.a2zmarketresearch.com/sample?reportId=151555
Aircraft communication system offered by different manufacturers have also been taken into consideration to determine…
